Palin: I'll Announce Soon

Former Alaska governor Sarah Palin said that she would make a decision about whether or not to run for President of the U.S. in the coming weeks. "You know, August and September, you do have to start laying out a plan if you are to be one to throw your hat in the ring, so that's basically the time frame,” Palin said in an interview on Fox News. Palin said that she thought she could win. "I'm not wholly confident that we have that field set yet that that one individual is in the field," Palin said. "So I'm still thinking about being one that would offer myself up in the name of service, knowing confidently that I have those common-sense, fiscally conservative, pro-private sector experience and ideas that can be put to good work for this country."

Palin added that if she were a member of Congress she would not vote to increase the debt ceiling, and that economic catastrophe would necessarily result if it were not raised.